REGISTERED NUMBER: 03461843 (England and Wales)

FROZEN IN TIME LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

R F Connell

H M Connell

P Connell

J Gladwin

R D Illingworth

SECRETARY:

J Gladwin

REGISTERED OFFICE:

York Road Industrial Park

Sheriff Hutton

York

North Yorkshire

YO60 6RZ

REGISTERED NUMBER:

03461843 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Tangible assets

4

58,794

85,755

CURRENT ASSETS

Stocks

691,640

549,870

Debtors

470,363

70,598

Cash at bank

327,689

699,342

1,489,692

1,319,810

CREDITORS

Amounts falling due within one year

594,497

433,366

NET CURRENT ASSETS

895,195

886,444

TOTAL ASSETS LESS CURRENT LIABILITIES

953,989

972,199

PROVISIONS FOR LIABILITIES

11,102

16,531

NET ASSETS

942,887

955,668

CAPITAL AND RESERVES

Called up share capital

104

104

Retained earnings

942,783

955,564

SHAREHOLDERS' FUNDS

942,887

955,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

P Connell - Director

1.	STATUTORY INFORMATION

Frozen In Time Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable in the year in respect of the sale of freeze driers and cold traps and related goods and services, excluding value added tax.

Contracted work which have been carried out at the balance sheet but not invoiced have been recognised in turnover. The amount of revenue recognised in this manner reflects the accrual of the right to consideration by reference to the stage of completion. Unbilled income is included in prepayments and accrued income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% straight line

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

and 30 April 2025

210,900

DEPRECIATION

At 1 May 2024

125,145

Charge for year

26,961

At 30 April 2025

152,106

NET BOOK VALUE

At 30 April 2025

58,794

At 30 April 2024

85,755

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

R F Connell

Balance outstanding at start of year

-

-

Amounts advanced

2,656

12,947

Amounts repaid

(2,656

)

(12,947

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

H M Connell

Balance outstanding at start of year

-

-

Amounts advanced

2,247

-

Amounts repaid

(2,247

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-